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Energy
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Russia’s Lavrov visits Baghdad to discuss bilateral relations, energy cooperation
Russian Foreign Minister Sergei Lavrov arrived in Iraq on Sunday for talks on energy and food security in view of the Ukraine conflict, an Iraqi ... World News -
G20 energy meeting in India to balance fossil fuels, renewables
Over 500 energy industry heavyweights will descend on the southern Indian city of Bengaluru on Monday to discuss the future of renewables and fossil fuels at India Energy Week — the first big ticket event of the country’s presidency of the Group of 20 leading economies Energy -
Oil gains ground as traders size up weaker dollar, China outlook
Oil staged a partial rebound after slumping on Wednesday as the US dollar fell and traders weighed the potential for better demand in China.For the ... Energy -
Saudi Aramco signs deals worth $7.2 bln to spur digital transformation
Saudi Aramco has signed more than 100 agreements and memoranda of understanding (MoU) worth a total of $7.2 billion to accelerate the company’s ... Energy -
Fight climate change without slowing growth: UAE COP28 chief
The fight against global warming should not be at the expense of economic growth, the UAE oil chief who will lead this year’s UN climate talks said on ... Energy -
Oil climbs as traders weigh China demand outlook, Russian supply
Oil rose on expectations of rising demand in the wake of China’s reopening, while the US dollar eased and risks to Russian energy supplies came into ... Energy -
Oman energy firm OQ to sell 49 percent stake in oil-drilling unit IPO
Oman energy firm OQ SAOC plans to sell up to 49 percent of its oil drilling unit Abraj Energy Services SAOC in an initial public offering, ... Energy -
Italy’s Premier Meloni eyes boost in strong energy tires with Algeria
Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian energy Energy -
Iran’s oil gushes into global market as China imports surge
Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions squeezing Russian supply. ... Energy -
China to speed up construction of coal power plants this year
China is planning to accelerate construction of coal- and natural gas-fired power plants this year, even as massive investment in renewables means ... Energy -
Live: Saudi Minister of Economy joins WEF Davos panel to discuss reforms in MENA
Saudi Arabia’s Minister of Economy Faisal Alibrahim joins a World Economic Forum panel in Davos to discuss reforms in the Middle East and North Africa ... Middle East -
Kuwait’s Al Zour offers more low-sulfur fuel oil for Feb-April
Kuwait has issued a tender offering three low-sulfur fuel oil (LSFO) cargoes for loading between February and April from its Al Zour refinery, ... Energy -
Oil extends decline on US recession concern, inventory build
Oil fell for a second day on signs of rising US inventories and economic growth concerns.For the latest headlines, follow our Google News channel ... World News -
Goldman sees modest downside risk to oil prices from steady Russian production
Goldman Sachs on Wednesday said that the current resilience in Russian oil production, if sustained, places only moderate downside risk of about $9 ... Energy -
Saudi Aramco acquires trading arm of US refiner Motiva
Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC as the state-owned oil giant expands its operations in the Americas.For ... Energy -
Saudi Aramco sees oil demand picking up on China and aviation recovery
The world’s biggest oil company is confident demand will pick up strongly this year as China reopens its economy and the aviation market recovers.For ... Energy -
Europeans respond to energy saving calls, dial down the heating
Europeans have dialed down their heating this winter, apparently heeding government calls to conserve energy amid the Ukraine crisis, with some ... World News -
OPEC chief is ‘cautiously optimistic’ on global economy
OPEC’s top official said he’s “cautiously optimistic about the outlook for the global economy,” as a recovery in oil demand in China is tempered by ... Energy -
UAE close to deal on renewable electricity grid link: Indian minister
India and the United Arab Emirates (UAE) are close to a “major agreement” on a renewable energy interconnection between the two countries, India’s ... Energy -
Eni announces new gas discovery offshore Egypt
Italian energy group Eni said on Sunday it had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.For the latest ... Energy -
S.Korea President seeks to boost UAE energy, defense cooperation in first state visit
South Korea’s president Yoon Suk Yeol met with the United Arab Emirates’ Sheikh Mohamed bin Zayed to boost bilateral relations and cooperation in the ... Gulf -
UAE launched 11 environmentally friendly energy projects worth $43.2 bln in 2022
The United Arab Emirates launched 11 environmentally friendly energy projects worth AED 159 billion ($43.2 billion) in 2022, the country’s energy ... Energy -
UAE energy minister says committed to support balance in oil market
The United Arab Emirates’ Minister of Energy and Infrastructure Suhail al-Mazrouei said that the Gulf country is dedicated to supporting balance in ... Energy -
Thousands of households in Iran left without gas in cold snap
Tens of thousands of Iranians were left without gas needed to heat their homes on Saturday as unusually cold weather sweeps across the country, the ... Energy -
Siemens Energy plans to expand cooperation with Iraq
Siemens Energy plans to expand its cooperation with Iraq by developing projects with a capacity of over 6 gigawatts in the next five years, a company ... Energy -
Saudi Arabia, UK discuss need to develop minerals supply chains in green energy push
Saudi Arabia’s Minister of Industry and Mineral Resources and Britain’s Secretary of State for Business, Energy and Industrial Strategy agree that ... Saudi Arabia -
France pushes forward with plan to speed up deployment of renewable energy
French MPs on Tuesday moved ahead with a law to accelerate the deployment of renewable energy, as the country’s nuclear plants suffer a maintenance ... Energy -
Oil rallied at the start of the week on hopes of renewed Chinese crude buying
Oil rallied at the start of the week on hopes of renewed Chinese crude buying and as the dollar extended its decline.For the latest headlines, follow ... Energy -
UK to reform electricity security program to fit 2035 climate goals
The UK plans to reform its flagship electricity security program to make possible its goal of a carbon-free power grid by 2035.Proposed changes would ... Energy -
QatarEnergy, Chevron Phillips sign agreement for $6 bln Ras Laffan Petrochemicals
QatarEnergy announced on Sunday the final investment decision on the $6 billion Ras Laffan Petrochemicals Complex with partner Chevron Pillips ... Energy